Hawar International is a thipping firm with a current share price of $5:17 and 98 milion shares outstanding Suppose that war announces plans to lower its corporate tare by borrowing 59 1 milion and repurchasing wes, that war pays a corporate tax rate of 25%, and that shareholders expect the change in debt to be permanent a. If the only imperfection is corporates, what will be the share price after this announcement? b. Suppose the only imperfections are corporales and financial stress costs of the share price mes to 522 at this announcement, what is the PV of financial stress couis Hawar wil incur as the result of this er det? a. If the only imperfection is corporate aces, what will be the share price for this arouncement? The share nice to this announcement will be per share round to the nearest cent) b. Suppose the only imperfections are corporate taxes and francut stress costs the share proenses 15 35 22 set this announcement, what is the PV of Financial stress costs How will incur as the rest of this new det The pivot trancia distress costs, we be 8 million (Round to two decimal phacer)